Loans
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Issuance of registration certificates delays Emyooga funds in Lira
The Presidential initiative on wealth and job creation (Emyooga)which was launched by President Yoweri Museveni two years ago has failed to kick-off due to complications involving the issuance of Registration Certificates to…
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Start SACCOs and give faithful a break, Lango Paramount Chief counsels Clergy
Lango Paramount Chief, Mzee Yosam Odur Ebii, has rallied the clergy in Lango to form SACCOs in order to fight against poverty. Odur made the remarks last Saturday at his residence in…
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Cooperatives & Communities
Lira University staff SACCO receives 100m presidential injection
Members of Lira University staff’s Savings and Credit Cooperative Organisation (SACCO) have received Shs 100m in fulfillment of an outstanding presidential pledge, the university’s management has revealed. President Yoweri Museveni pledged to…
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Cooperatives & Communities
Kikuube: 36 SACCOs receive Emyooga funds
Members of 36 Credit Cooperative Societies (SACCOs) in Kikuube district have received certificates from the Microfinance Support Centre (MSC), enabling them to access over Shs1 bn that was earlier wired to their…
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Kasese journalists’ SACCO gets Emyooga cash
Journalists associations under the umbrella Kasese Municipality Journalists Saving and Cooperative SACCO have received Shs 30m under the Presidential Wealth Creation Initiative, Emyooga. While meeting the Chairpersons of different media associations in…
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Cooperatives & Communities
Aduku ‘Road Gang’ forms SACCO
Laborers employed to carry out road maintenance within Aduku town council, Kwania district, have formed a Savings and Credit Cooperative Society (SACCO). The SACCO, dubbed “Aduku Town Council Road Gangs’ SACCO Limited,”…
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Cooperatives & Communities
Co-operatives turn to external loans as COVID-19 continues to bite
As the aftereffects of the COVID-19 global pandemic continue to rattle businesses even at the local level, a number of cooperatives have resorted to external loans in order to boost their liquidity.…
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Cooperatives & Communities
MADFA SACCO registers 75% increased member savings in two years
The Masindi District Farmers Association (MADFA)’s SACCO has registered an increase in members’ savings from Shs. 1.2 bn to 2.1 bn over the past two years, representing a 75% growth. According…
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Cooperatives & Communities
Kwania district launches Teachers’ SACCO
Kwania district officials have launched a teachers’ savings and credit cooperative organization (SACCO). The SACCO, which will accommodate all 1,074 teachers of primary and secondary public schools in the district, was launched…
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Cooperatives & Communities
Incoming Mwizi SACCO leadership cautioned on integrity
Bob Bariyo Barigye, the Commissioner for Cooperative Development and acting Registrar of Cooperative Societies has called for good governance if cooperatives are to thrive. Barigye made the remarks Friday while officiating at…
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